This infographic, entitled Export Diversification, presents results on the diversification of Canadian domestic exports, seen through three lenses, namely those of product, market of destination and province of production. Statistics at the national and provincial levels are drawn from the new CANSIM table 282-0082 and the Canadian International Merchandise Trade Database.

The Canadian Export Classification is a structured, hierarchical classification system based on the Harmonized Description and Coding System. The HS nomenclature is divided into 21 Sections, which in general, group goods produced in the same sector of the economy.

Canada exports over $500 billion worth of merchandise trade annually. This reliance on foreign markets contributes undeniably to Canadian economic activity. However, there are a number of ways of analyzing Canada’s international trade, beyond simply measuring dollar values. One way, that often receives little attention, is to look at the degree of export diversification. Simply put, does an economy have one large customer or multiple customers, or does a country export one product or multiple products?

Analysis (169) (25 of 169 results)

This infographic, entitled Export Diversification, presents results on the diversification of Canadian domestic exports, seen through three lenses, namely those of product, market of destination and province of production. Statistics at the national and provincial levels are drawn from the new CANSIM table 282-0082 and the Canadian International Merchandise Trade Database.

Canada exports over $500 billion worth of merchandise trade annually. This reliance on foreign markets contributes undeniably to Canadian economic activity. However, there are a number of ways of analyzing Canada’s international trade, beyond simply measuring dollar values. One way, that often receives little attention, is to look at the degree of export diversification. Simply put, does an economy have one large customer or multiple customers, or does a country export one product or multiple products?

This article in the Economic Insights series provides users with an integrated summary of recent changes in output, employment, household demand, international trade and prices. Organized as a statistical summary of major indicators, the report is designed to inform about recent developments in the Canadian economy, highlighting major changes in the economic data during the first two quarters of 2017 and into the summer months. Unless otherwise noted, the tabulations presented in this report are based on seasonally adjusted data available in CANSIM on October 6, 2017.

With Canadian companies increasingly engaged in the global economy there is a growing demand for more detailed information on their international activities to better understand how Canadian businesses are expanding internationally and what the benefits and consequences are for Canada.

The papers published in the Analysis in Brief analytical series shed light on current economic issues. Aimed at a general audience, they cover a wide range of topics including National Accounts, business enterprises, trade, transportation, agriculture, the environment, manufacturing, science and technology, services, etc.

Trade patterns with the U.S. on a regional basis highlight the integration of industries between the two countries; proximity, transport infrastructure and government policy have all contributed to these interdependencies. Indeed, for the year 2016, 11 of Canada’s top 20 trading partners were U.S. states.

This presentation focuses on key changes in the Canadian economic data since oil prices began to decline in mid-2014. The presentation highlights recent trends related to economic growth and labour market conditions, the impact of lower oil prices in current dollar terms and in volume terms, and the impact of a weaker Canadian dollar on merchandise trade and manufacturing.

This presentation complements the release of Recent Developments in the Canadian Economy: Spring 2017. The graphs are based on seasonally adjusted data available in CANSIM on April 7th, 2017.

Reference (22) (22 of 22 results)

The Canadian Export Classification is a structured, hierarchical classification system based on the Harmonized Description and Coding System. The HS nomenclature is divided into 21 Sections, which in general, group goods produced in the same sector of the economy.

This paper presents estimates of effective multifactor productivity (MFP) growth for Canada, the United States, Australia, Japan and selected European Union (EU) countries, based on the EU KLEMS productivity database and the World Input-Output Tables. Effective MFP growth captures the impact of the productivity gains in upstream industries on the productivity growth and international competitiveness of domestic industries, thereby providing an appropriate measure of productivity growth and international competitiveness in the production of final demand products such as consumption, investment and export products. A substantial portion of MFP growth, especially for small, open economies such as Canada’s, is attributable to gains in the production of intermediate inputs in foreign countries. Productivity growth tends to be higher in investment and export products than for the production of consumption products. Technical progress and productivity growth in foreign countries have made a larger contribution to production growth in investment and export products than in consumption products. The analysis provides empirical evidence consistent with the hypothesis that effective MFP growth is a more informative relevant indicator of international competitiveness than is standard MFP growth.

The theme for this year focuses on, economic growth, the creation of wealth and sustainable development. In our rapidly changing economy the need for innovative solutions and creative research is increasingly important. As our global community constantly evolves we need to understand the social and economic forces which affect us all.

The Economic Conference 2006 theme touches on several aspects of Canada's economic and social life and is addressed in four sub-themes. Authors are invited to submit papers on topics related to one of the sub-themes listed below:

The importance attached to trade in the context of Canadian economic performance has grown in recent years, in part as a result of the free trade agreement with the United States and a new round of multilateral trade negotiations under the General Agreement on Tariffs and Trade (GATT). As a consequence, questions about the relative strength of Canadian exports on foreign markets and import penetration in Canada have become increasingly topical. This text describes the nature of the adjustments applied to the United Nations data which have permitted the development of the World Trade Database.

There has long been demand by both industry associations and government departments to combine manufacturing shipments data with trade data. Users are combining the two sources of data, for reasons such as determining an estimate of the domestic market for a given commodity, and using the resulting information for decision-making. This paper attempts to determine the feasibility of integrating manufacturing shipments data and trade data at the commodity level.

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